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Institutions and Economic Development: Growth and Governance in Less-Developed and Post-Socialist Countries

Institutions and Economic Development: Growth and Governance in Less-Developed and Post-Socialist Countries

Paperback

Series: Johns Hopkins Studies in Development

Business GeneralEconomicsEnvironmental Studies

ISBN10: 0801854938
ISBN13: 9780801854934
Publisher: Johns Hopkins University Press
Published: Jun 10 1997
Pages: 408
Weight: 1.32
Height: 1.04 Width: 6.09 Depth: 8.98
Language: English

Leading economists and political scientists address the determinants and consequences of international differences in economic and political institutions

The puzzles of economic development and post-communist transitions, according to Christopher Clague and his colleagues, can be illuminated by a serious economic analysis of institutions. Economic performance is strongly dependent on the economic policies selected and on the manner in which these policies are implemented by government agencies. Performance is also affected by property rights and contract enforcement mechanisms in the business community and by patterns of participation in community organizations. These and other institutional arrangements are analyzed in this book under the rubric of the New Institutional Economics. Christopher Clague brings together a distinguished group of economists and political scientists to address the determinants and consequences of international differences in economic and political institutions.

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Economics